Friday, October 28, 2016

Lazada reportedly in serious talks to acquire RedMart: TechCrunch

The deal is reported to be worth US$30-40 million; a low number, but it*could be a necessary shot in the arm In what could potentially be its first major move since its US$1 billion acquisition by Alibaba, the fashion e-commerce platform Lazada is reportedly in talks to buy Singapore’s RedMart for US$30-40 million, this according...
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